NOT LISTED FOR SALE

4574 W 161st St Lawndale, CA 90260

Estimated Value: $866,000 - $973,450

3 Beds
2 Baths
1,220 Sq Ft
$739/Sq Ft Est. Value

Last Sold April 24, 2017

Last sale price $565,000 $463 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $5,434/month

10 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Fireplace in Primary Bedroom
  • Back Yard

About This Home

As of April 2017

This multi family home sits on a 5860 sq. ft. lot and features TWO SEPARATE UNITS. Front house consists of 2 BR and 1 BA and the back unit consists of 1 BR and BA. This property was built in 1947. Property has some upgrades in the kitchen and bathrooms. Huge backyard with room to expand. This property is located near schools, freeways and the South Bay Galleria. Minutes away from the Redondo Beach Pier and other coastal hot spots. Each unit has a separate meter. Great Rental Income potential. This property is Priced To Sell. There is a built in Laundry room on the Back Of the house which is not permitted

Last Agent to Sell the Property

John Heinz

Century 21 Cornerstone License #01901640 Listed on: 03/08/2017

Century 21 Cornerstone

Last Buyer's Agent

John Heinz

Century 21 Cornerstone License #01901640 Listed on: 03/08/2017

Century 21 Cornerstone

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,619

Year Built

  • Built in 1947

Lot Details

  • 5,860 Sq Ft Lot
  • No Common Walls
  • Back Yard
  • Density is 2-5 Units/Acre

Home Design

  • Duplex

Interior Spaces

  • 1,220 Sq Ft Home
  • Gas Fireplace
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • All Bedrooms Down
  • 2 Bathrooms
  • Fireplace in Bathroom

Parking

  • Parking Available
  • Driveway

Listing and Financial Details

  • Tenant pays for all utilities, telephone, water
  • Tax Lot 164
  • Tax Tract Number 5651
  • Assessor Parcel Number 4080021016

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,619

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Other Phone Description: 3109418216
  • Property Attached: No
  • Zoning: LNR2YY
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 4080021016
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Fireplace Features: Bath, Living Room, Primary Bedroom, Gas
  • Levels: One
  • Price Per Square Foot: 463.11
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway

Utilities

  • Sewer: Other
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Back Yard
  • Lot Size Sq Ft: 5860.00
  • Lot Size Acres: 0.1345

Rental Info

  • Tenant Pays: All Utilities, Telephone, Water

Multi Family

  • Lot Size Area: 5860.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Census Tract: 6040.01
  • Tax Lot: 164
  • Tax Tract Number: 5651

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2017
Closed on
Mar 27, 2017
Sold by
Redondo Edgar
Bought by
Redondo Karina E
Seller's Agent
John Heinz
Century 21 Cornerstone
Buyer's Agent
John Heinz
Century 21 Cornerstone
List Price
$504,999
Sold Price
$565,000
Premium/Discount to List
$60,001
11.88%
Current Estimated Value
$901,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$336,113
Avg. Annual Appreciation
5.63%

Purchase Details

Listed on
Mar 8, 2017
Closed on
Mar 24, 2017
Sold by
Redondo Karina E and Carranza Karina
Bought by
Chen Hsu Meiling and Chen Chiu Ching
Seller's Agent
John Heinz
Century 21 Cornerstone
Buyer's Agent
John Heinz
Century 21 Cornerstone
List Price
$504,999
Sold Price
$565,000
Premium/Discount to List
$60,001
11.88%

Purchase Details

Closed on
Jun 23, 2011
Sold by
Carranza Robert
Bought by
Carranza Karina

Purchase Details

Closed on
Jun 16, 1997
Sold by
Bankers Trust Company Of California
Bought by
Carranza Robert and Carranza Karina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,900
Interest Rate
7.7%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 31, 1995
Sold by
Dietz Karen M and Dietz Delia M
Bought by
Bankers Trust Company Of California Na
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Redondo Karina E -- Fidelity National Title Co
Chen Hsu Meiling $565,000 Fidelity National Title Co
Carranza Karina -- None Available
Carranza Robert $143,000 First Southwestern Title Co
Bankers Trust Company Of California Na $169,227 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carranza Robert $140,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/24/2017 04/24/17 Sold $565,000 +11.9% $463 / Sq Ft
03/18/2017 03/18/17 Pending -- -- --
03/08/2017 03/08/17 For Sale $504,999 -- $414 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,619 $655,724 $388,793 $266,931
2024 $8,619 $642,868 $381,170 $261,698
2023 $8,163 $630,264 $373,697 $256,567
2022 $8,167 $617,907 $366,370 $251,537
2021 $7,960 $605,792 $359,187 $246,605
2020 $7,976 $599,581 $355,504 $244,077
2019 $7,669 $587,826 $348,534 $239,292
2018 $7,497 $576,300 $341,700 $234,600
2016 $3,523 $260,883 $166,790 $94,093
2015 $3,435 $256,965 $164,285 $92,680
2014 $3,420 $251,932 $161,067 $90,865
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW17047351

California Regional Multiple Listing Service (CRMLS)

APN: 4080-021-016